Braun Stacey Associates Inc. Has $44.51 Million Stock Holdings in Vertiv Holdings Co. $VRT

Braun Stacey Associates Inc. reduced its stake in Vertiv Holdings Co. (NYSE:VRT) by 27.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 295,042 shares of the company’s stock after selling 111,960 shares during the quarter. Vertiv comprises 1.5% of Braun Stacey Associates Inc.’s holdings, making the stock its 11th largest holding. Braun Stacey Associates Inc. owned about 0.08% of Vertiv worth $44,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Financial Management Professionals Inc. lifted its position in shares of Vertiv by 1,560.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after purchasing an additional 156 shares during the period. Promus Capital LLC acquired a new stake in shares of Vertiv during the second quarter worth $26,000. Pacer Advisors Inc. raised its stake in Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after buying an additional 69 shares during the last quarter. Avion Wealth lifted its holdings in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after buying an additional 106 shares during the period. Finally, True Wealth Design LLC boosted its position in Vertiv by 54.0% during the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on VRT. Weiss Ratings reissued a “buy (b-)” rating on shares of Vertiv in a research report on Monday, December 22nd. JPMorgan Chase & Co. lifted their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Morgan Stanley boosted their price target on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Barclays reaffirmed a “neutral” rating and set a $181.00 price objective on shares of Vertiv in a research report on Thursday, December 4th. Finally, Evercore ISI boosted their target price on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Trading Down 1.3%

NYSE VRT opened at $162.22 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The business has a 50 day moving average price of $174.20 and a 200-day moving average price of $150.96. The company has a market cap of $62.02 billion, a price-to-earnings ratio of 61.22, a P/E/G ratio of 1.30 and a beta of 2.06.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.Vertiv’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. Vertiv’s payout ratio is presently 9.43%.

Insider Buying and Selling at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at $690,444. This represents a 57.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.63% of the stock is owned by corporate insiders.

Vertiv Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.